Lifting crude oil export ban dealt blow to Jones Act tankers

The 2015 repeal of a 40-year ban on the export of crude oil from the U.S. has left a sizable dent in the U.S. tanker industry, according to a U.S. watchdog agency. A report released Friday by the Government Accountability Office (GAO) detailed how U.S. refineries – particularly those on the East Coast that had …

The post Lifting crude oil export ban dealt blow to Jones Act tankers first appeared on Hellenic Shipping News Worldwide.

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